Expansion drives Republic Airways profits

Republic Airways, which operates Republic Airlines, Chautauqua Airlines and Shuttle America, reported a net income of $60.6 million for 2005 compared to a $38.8 million profit the prior year. Operating revenues jumped 40% to $905 million as expenses increased 34.5% to $746.3 million, leading to a 73.8% rise in operating profit to $158.7 million. Traffic grew 47.5% to 4.52 billion RPMs on a 42.1% capacity increase to 6.56 billion ASMs, sending load factor up 2.5 points to 68.8%.
Republic ...

The US majors will not give up on their campaign against the Gulf carriers, which present the biggest-ever threat to the future of US airlines, the CEO of United Airlines said in a speech in New York Thursday....More

Air Line Pilots Association (ALPA) president Tim Canoll said the wider public has to be educated about the threat laser pointers pose to aircraft and help law enforcement catch people shining lasers into cockpits....More

US airlines, particularly regional carriers, have expressed hope that strict pilot training requirements implemented by FAA in 2013 will be eased in FAA reauthorization legislation expected to be taken up by Congress later this year, but there will likely be a strong push back against any efforts to change the rules....More